Post
Topic
Board Announcements (Altcoins)
Re: [UNO] Unobtanium Info & Discussion - Update to 0.10 Wallet - Merge Mine w/BTC!
by
Kingn56
on 15/02/2017, 15:06:13 UTC
with the COIN ETF approval looming, im getting antsy with alts & PMs.. thinking about a temporary swap out for 100% BTC

thoughts?
You've probably read the same things I have.

"We provide a target price of $3,678 for Bitcoin in case an ETF is approved in 2017 and a target price of $551 in case it is rejected this year."

Its a big bet, but it could pay off.

Eventually someone will come along with a blended asset ETF and stock it with ETH, DASH, LTC, DOGE, and other top 100 cryptos.  UNO will be in the top 100 again by then. It could easily be there now. It would not take many btc to move the price there, since there is so little UNO on the market right now.  That said, I think our problem here has been the 15 ton Cryptsy weight hanging over our heads, supported by a frayed piece of rope.  

The price of UNO was suppressed in 2014 for a long time after the Coinex theft. When that ended, we saw a nice rise.  I hope we'll see that again after the Cryptsy matter is settled.

We have to re-tell the UNO story. It's a good one. It's interesting. It's a success story. Anyone who is going to buy into a cryptocurrency ETF can learn a lot by studying UNO.  
UNO embodies the success of a tenacious community, the perils of thieves, the impact of pumpers and dumpers, the benefits of persistence, the effect of low inflation on price and mining, and much more. UNO has lived long enough to experience it all.  It's not just a long, established, secure blockchain now in it's 4th year... its a historical record.

Maybe we should add a history page to the unobtanium website that provides a in-depth back-story as to how far we've came and what we have went through.